P.B. Loco vs Mr. Hero Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of P.B. Loco vs Mr. Hero including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  P.B. Loco Mr. Hero
Investment 200000 - 390000 113000 - 305000
Franchise Fee 0
Royalty Fee 5.50%
Advertising Fee
Year Founded 2004 1965
Year Franchised 2005 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  P.B. Loco Mr. Hero
Experience Industry experience General business experience Marketing skills

Financing Options

  P.B. Loco Mr. Hero
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  P.B. Loco Mr. Hero
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  P.B. Loco Mr. Hero
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
P.B. Loco
Mr. Hero
Franchise Fee
P.B. Loco
Mr. Hero
Royalty Fee
P.B. Loco
Mr. Hero 5.50%
Advertising Fee
P.B. Loco
Mr. Hero
Year Founded
P.B. Loco 2004
Mr. Hero 1965
Year Franchised
P.B. Loco 2005
Mr. Hero 1970
Term Of Agreement
P.B. Loco
Mr. Hero 10 years
Renewal Fee
P.B. Loco
Mr. Hero


Business Experience Requirements

Experience
P.B. Loco
Mr. Hero Industry experience General business experience Marketing skills

Financing Options

 
Franchise Fees
P.B. Loco
Mr. Hero
Start-up Costs
P.B. Loco
Mr. Hero
Equipment
P.B. Loco}
Mr. Hero
Inventory
P.B. Loco
Mr. Hero
Receivables
P.B. Loco
Mr. Hero
Payroll
P.B. Loco
Mr. Hero

Training & Support

Training
P.B. Loco
Mr. Hero
Support
P.B. Loco
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
P.B. Loco
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Operations
P.B. Loco
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

US Expansion
P.B. Loco
Mr. Hero
Canada Expansion
P.B. Loco 0
Mr. Hero
International Expansion
P.B. Loco
Mr. Hero